Suburb Profile Report for Cooktown QLD (4895)

Cooktown House: Median price $310,000, Annual capital growth 3.63%, Number of sales 35, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Property investors who have had real estate in Cooktown, 4895 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.73%

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cooktown, 4895. Typically our figures indicate that -12.66% is being offered, which puts this QLD suburb at 139th most discounted overall in Australia.

Advertised rents are around the $350 mark per week – giving a return of 5.87% based on the median price in Suburb

HOUSE UNIT
$310,000 N/A
8.77% N/A
12.73% N/A
3.63% N/A
$350 N/A
35 N/A
5.87% N/A
165.15 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 2338
Median household income ($/weekly) 920
Median age of persons 42
Median housing loan repayment ($/monthly) 1083
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 318 13.6
    25-34 years 262 11.2
    35-44 years 318 13.6
    45-54 years 371 15.9
    55-64 years 408 17.4
    Others 662 28.3
    Age Group
    Census Count Percent(%)
    Not Married 616 40.4
    Registered Married 596 39.1
    Defacto Relationship 312 20.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1840 85.6
    Greece 18 0.8
    Papua New Guinea 58 2.7
    United Kingdom 94 4.4
    Other 59 2.7
    Others 81 3.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1406 68.6
    No Religion 587 28.6
    Buddhism 34 1.7
    Other Religious Groups 22 1.1
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 92 11.7
    $400-$599 86 10.9
    $600-$799 98 12.5
    $800-$999 85 10.8
    $1,500-$1,999 109 13.9
    Others 316 40.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 631 37.3
    Not in the labour force 626 37.0
    Employed, worked part-time 293 17.3
    Employed, away from work 78 4.6
    Unemployed, looking for work 64 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 145 14.5
    Professionals 162 16.2
    Technicians & trades workers 137 13.7
    Community & personal service workers 111 11.1
    Labourers 149 14.9
    Others 294 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 38 9.8
    Infants/Primary 197 50.9
    Secondary 89 23.0
    Technical or Further Educational Institution 27 7.0
    University or other Tertiary Institutions 26 6.7
    Others 10 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1771 85.3
    Semi-detached, row or terrace house, townhouse 51 2.5
    Flat, unit or apartment 142 6.8
    Caravan, cabin, houseboat 94 4.5
    Improvised home, tent, sleepers out 12 0.6
    Others 5 0.2
    Dwelling Structure
    Census Count Percent(%)
    Rented 389 44.2
    Fully owned 266 30.2
    Being purchased 212 24.1
    Other tenure type 14 1.6
    Tenure Type
Census 2011, ABS
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